Follows Trump’s Threats To Fire Powell. This week’s decision didn’t bring much in terms of fireworks, but President Donald Trump identified Powell as o

This marks the third consecutive meeting at which the Fed has held rates steady, following a series of three cuts last year.

The Federal Reserve held interest rates steady for the third time this year, as the US economy is roiled with uncertainty. While job growth in April beat expectations and inflation cooled in March, the data doesn't reflect the full impact of President Donald Trump's tariffs on goods from China and most other countries.